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the polls suggest that barack obama, right now, would win. how has he managed to avoid public retribution for not fixing the economy better than he has done? >> this is not a normal time. the damage done to the economy could not be fully repaired in four years. and most of the debt that's been run up on his watch is a direct result of the economic collapse. first the recession that began in 2007 and the economic collapse that happened in 2008, which has driven tax revenues below 15% of income for the first time in 50 years and driven spending above 21% of income because so many people are on unemployment and food stamps and medicaid, medical assistance. if we had, when the economy recovers, a higher rate of growth, which it will in a year or so, what's going to happen is nothing happen. tax receipts go up 17%. spending will drop to under 21%. there will still be a substantial deficit, but it will be smaller. president obama's main contribution to this $16 billion debt, which is a trillion dollar debt, a ten-year figure projecting out ten year
the polls suggest that barack obama, right now, would win. how has he managed to avoid public retribution for not fixing the economy better than he has done? >> this is not a normal time. the damage done to the economy could not be fully repaired in four years. and most of the debt that's been run up on his watch is a direct result of the economic collapse. first the recession that began in 2007 and the economic collapse that happened in 2008, which has driven tax revenues below 15% of...
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. ♪ >>> 36 days away from the election and the polling shows president obama with only a small lead over mitt romney. let's go through a couple of them. it shows president obama, a tight race nationally, just a two-point edge over likely voters against mom. but it shoes him widening his lead against romney in key battleground. the president sitting at 49%. and the columbus dispatch poll, it's a poll unlike any other. it doesn't buy the old snail mail, but it has a pretty amazing track record. it has president obama up with a surprising nine-point lead among likely voters in the buckeye state. joining me now is a former spokesman for rick santorum. and also chief correspondent for "the washington post." dan. dan, i will begin with you. you guys have the poll of the day that show this split between where the race is nationally and where it is in the swing states. why do you think there's such a wide gap? that's a big gap. >> it is a big gap, chuck. the -- you know, the margin of error on that swing state sample is bigger. >> fair enough. >> and so that 11 points could be less than that. >>
. ♪ >>> 36 days away from the election and the polling shows president obama with only a small lead over mitt romney. let's go through a couple of them. it shows president obama, a tight race nationally, just a two-point edge over likely voters against mom. but it shoes him widening his lead against romney in key battleground. the president sitting at 49%. and the columbus dispatch poll, it's a poll unlike any other. it doesn't buy the old snail mail, but it has a pretty amazing...
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Oct 1, 2012
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." >>> happening now, just two days before the first obama/romney debate and our new cnn national poll shows the president's lost, lost his post-convention bounce. but there's a different story in the battleground states. >>> mitt romney could make a huge impact on the supreme court. how he could change the direction of the court for decades. >>> they make $10 a day to put their lives on the line. but they could lose their job ifs they don't lose some weight. i'm wolf blitzer. you're in "the situation room." >>> we're now just 36 days from the presidential election and nationally our brand-new cnn/orc poll of likely voters shows the race between president obama and governor romney remaining up for grabs. the president leads 50% to 47%. but his three-point margin is within the poll's sampling error. our chief national correspondent john king is in denver getting ready for the debate over there. that's the site of the debate. john, take us into these numbers. what are you seeing? >> reporter: well, wolf, i can tell you this, talking to senior officials in the romney campaign, they believ
." >>> happening now, just two days before the first obama/romney debate and our new cnn national poll shows the president's lost, lost his post-convention bounce. but there's a different story in the battleground states. >>> mitt romney could make a huge impact on the supreme court. how he could change the direction of the court for decades. >>> they make $10 a day to put their lives on the line. but they could lose their job ifs they don't lose some weight. i'm...
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. >> is there a point at which you see obama in the polls and you say actually now i believe that we are going to get the tax hikes and the market should fall? there must be a watershed quite soon as we head towards particularly what happens in the house and the senate. >> our focus has been on the senate. we think that's what's going to mostly influence the outcome. i hope there's appetite to see the rates low. i don't see a benefit from raising them. i would call a coin toss on the senate outcome. but wiser minds will see the wisdom of helping the fed in its efforts to stimulate asset prices by not onerously raising taxes on the most important asset class other than homes. >> have you actually calculated a number? you said it would give back some of the rally. but is there a number or a percentage? >> 12-month price target is 1,500. we've written in our research that 1,600 would be a reasonable 2013 end. i need to see an acceleration in global growth. >> contingent on both, not just the tax issue? >> both. somewhere between 1,500 and 1,600. >> david, thank you for being with us. >>
. >> is there a point at which you see obama in the polls and you say actually now i believe that we are going to get the tax hikes and the market should fall? there must be a watershed quite soon as we head towards particularly what happens in the house and the senate. >> our focus has been on the senate. we think that's what's going to mostly influence the outcome. i hope there's appetite to see the rates low. i don't see a benefit from raising them. i would call a coin toss on...
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earlier this month a cnn poll found governor romney leads president obama among likely independent voters by a substantial 14 points. 54%, look at this, to 40%. he also leads among independents in critical swing states like ohio and florida, and yet, "u.s. news & world report" points out there has been almost no mention of it in the media. i wonder why? >> well, i think what you are starting to see is that independents are largely part of the 60% of americans that think this country is off on the wrong track and right now that they are giving a stark contrast to what this election presents in terms of more government centered country or a free enterprise system that governor romney offers, one that rewards innovation and entrepreneurship. but the bigger thing that you also see in the numbers is, in eight of 12 battleground states the democrats really lost a lot of voter registration. when you look at battle ground states, in 2008, president obama won state like wisconsin by 14 points, nevada by 13. new hampshire and iowa 10 respectively. colorado by nine. all the battleground states are d
earlier this month a cnn poll found governor romney leads president obama among likely independent voters by a substantial 14 points. 54%, look at this, to 40%. he also leads among independents in critical swing states like ohio and florida, and yet, "u.s. news & world report" points out there has been almost no mention of it in the media. i wonder why? >> well, i think what you are starting to see is that independents are largely part of the 60% of americans that think this...